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Canada to Build Largest Explosives Factory Since WWII

11/22/2025

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Summary

Story summary

Eurenco, a French state-controlled company, plans to partner with Nalagx Corp. to build Canada's largest explosives factory since World War II.
US$1 billion project aims to produce propellants and explosives for NATO and create 500 jobs.
Nalagx is funding the project with private equity and loans from Canadian banks and Export Development Canada.
The factory's location remains under consideration due to safety concerns.

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Story summary

Eurenco, a French state-controlled company, plans to partner with Nalagx Corp. to build Canada's largest explosives factory since World War II.
US$1 billion project aims to produce propellants and explosives for NATO and create 500 jobs.
Nalagx is funding the project with private equity and loans from Canadian banks and Export Development Canada.
The factory's location remains under consideration due to safety concerns.